Today’s Fraud Challenges Facing the Travel Industry

As airlines, hotels, car rental companies and online travel agencies embrace online and mobile commerce, card-not-present fraud poses a growing threat. These variable purchase paths mean that fraudsters have multiple channels through which to perpetrate fraud. In addition, the fluidity of bookings combined with last-minute changes can make fraud prevention increasingly difficult.

Read this white paper to learn about the most prevalent fraud challenges facing the travel industry, with specifics on:

How and why fraud attacks are increasing

The complexity of online travel agency fraud

Common account takeover and friendly fraud schemes to watch for

Proactive methods for fighting back against fraud

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Learn about the unique nature of travel industry fraud and how to fight it.

“Our chargeback percentage of Total Transaction Volume is 0.03% compared to an Australian Online Travel Services benchmark of 1.9%. We’ve achieved an 83% reduction in the number of bookings flagged for review [and] a 50% reduction in bookings declined for fraud validation.”